MM Equity Group sells Multifamily Asset In Dania Beach For $1.26M With Buyer's Rep David Benichou & Seller’s Rep Jonathan Teboul
SOLD
$1,260,000
Florida
See Similar DealsMultiFamily4,998 SF
Sold 08/28/2025
SOLD
MM Equity Group sells Multifamily Asset In Dania Beach For $1.26M With Buyer's Rep David Benichou & Seller’s Rep Jonathan Teboul
4621 Southwest 33rd Avenue
See Similar DealsMultiFamily4,998 SF
Sold 08/28/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$252
Total Square Footage:4,998 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 4621 SW 33rd Ave in Dania Beach. The sale was finalized for $1,260,000, encompassing a total of 6 units. The total square footage of the property is 4,998, leading to a price per unit of $210,000 and a price per square foot of $252.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,260,000
- Units: 6
- Square Footage: 4,998
- Price Per Unit: $210,000
- Price Per Square Foot: $252
- Buyer: Julien Haggiag
- Seller: MM Equity Group (MMequity.com)
- Buyer’s Representative: David Benichou - LIV Group Real Estate
- Seller’s Representative: Jonathan Teboul - Management Miami
- Note: Off Market Transaction
The key individuals involved in this transaction include the buyer Julien Haggiag and the seller MM Equity Group, represented by their respective brokers David Benichou from LIV Group Real Estate and Jonathan Teboul from Management Miami. The transaction took place off market, indicating a private agreement between the parties involved.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,476.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,973.04
Annual Debt Service$71,676.51
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